$Alphabet(GOOG)$ For those wondering why the selloff. GOOG was not "working" this quarter. That means hedge funds and other managers must get rid of all their shares before July 1st. Anything in their portfolio on June 30th will be reported to shareholders. They will not show a quarterly loser to their holders so they will window dress and sell it all only to buy it back over the next quarter and hope it "works" again. This is trading mechanics 101. Take it from an investor who has been doing this for 35 years now. I've seen this movie over and over. So for the rest of the month until the quarter is over expect meandering and weakness. Everything must be wiped clean off the ledger.

Also people don't realize it is only what is held on that last day that is reported. If there is a winning stock they can take all the google proceeds and dump it in that winner and make themselves look like a genius to their shareholders in the fund. It is not relevant that the shares weren't held any other day thru the quarter. Same goes in reverse for the losers like google this quarter.

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